Shenzhen Prince New Materials (002735.SZ) announced to further explore the Military Industry electronic matching market and enhance product research and development...
According to Zhitong Finance APP, Shenzhen Prince New Materials (002735.SZ) announced its plan to further explore the Military Industry electronic matching market, enhance product research and development innovation capabilities along with major customer marketing abilities, and optimize the construction of the Military Industry electronic industry system. The company intends to establish a subsidiary (hereinafter referred to as the "joint venture") in partnership with Zhang Xiuling and Zhang Kai through its wholly-owned subsidiary Wuhan Zhongdian Huari Technology Development Co., Ltd. (hereinafter referred to as "Huari"). The registered capital of the joint venture will be 1 million yuan, with Huari, Zhang Xiuling, and Zhang Kai holding equity ratios of 51%, 34%, and 15% respectively.